I think the main parallel being drawn is the cudgel of the IMF: It seems to me that the standing of a country in the international credit system and a sovereignty of its citizenry are at polar-opposite ends of a continuum built on the concepts of radical capitalism. On one end you have the success of major international corporations and our standard idea of a achievement via the accumulation of ‘things’ (including items that represent the possibility of money – rather than actual money); and on the other you have a electorate actively participating in the selection of how their fiscal and political power are invested in the marketplace. Both of these are extreme endpoints, but we only really hear about the first option in this country…
Honestly, what is bugging me more right now is that a country of the EU seems to have had a quite revolution - including the drafting of a new constitutional document, using modern tech as the pen - and no one is talking about it.
Um...CNN? MSNBC? Hell - FOX!?!? Where are the reporters (who might be able to better cover this situation)?
Although I do have to say I sorta love this turn of phrase, "The belief that citizens had to pay for the mistakes of a financial monopoly, that an entire nation must be taxed to pay off private debts was shattered, transforming the relationship between citizens and their political institutions and eventually driving Iceland’s leaders to the side of their constituents." [emp. mine]
Leaders forced to represent their constituency? Unheard of!
And of course, once I get done with Jared Diamond's "Guns, Germs, and Steel" I am going to want to pick up this book (http://johnlarroquetteproject.com/2010/03/08/collapse-by-jared-diamond/).
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regna
(no subject)
Date: 2011-08-26 03:59 pm (UTC)Honestly, what is bugging me more right now is that a country of the EU seems to have had a quite revolution - including the drafting of a new constitutional document, using modern tech as the pen - and no one is talking about it.
Um...CNN? MSNBC? Hell - FOX!?!? Where are the reporters (who might be able to better cover this situation)?
Although I do have to say I sorta love this turn of phrase, "The belief that citizens had to pay for the mistakes of a financial monopoly, that an entire nation must be taxed to pay off private debts was shattered, transforming the relationship between citizens and their political institutions and eventually driving Iceland’s leaders to the side of their constituents." [emp. mine]
Leaders forced to represent their constituency? Unheard of!
And of course, once I get done with Jared Diamond's "Guns, Germs, and Steel" I am going to want to pick up this book (http://johnlarroquetteproject.com/2010/03/08/collapse-by-jared-diamond/).